UBITQUITY, LLC Announces $UBQT Utility Token Integration into NFTitle Network on XPR Network Testnet
FOR IMMEDIATE RELEASE
Wilmington, Delaware — October 22, 2024 — UBITQUITY, LLC, the leading enterprise blockchain-as-a-service (BaaS) company for real estate, title services, and other Real World Assets is thrilled to announce the successful integration of the $UBQT Utility Token into the NFTitle Network in testnet environment on the XPR Network blockchain.
The transition to mainnet will officially take place on or before October 31, 2024, unlocking new functionalities for the platform and enhancing utility for $UBQT holders. As of the publication date of this press release, it is confirmed that the smart contract has been deployed on mainnet via the ubqtnftn WebAuth wallet which is funded with 1,111,111.11 $UBQT by UBITQUITY, LLC and is fully managed by NFTitleDAO.
This integration represents a major step forward in NFTitle Network’s development, positioning it as a versatile platform for managing, minting, and tracking NFTs across industries such as real estate, art, and music. With the seamless rollout on XPR Network, users will soon enjoy more efficient governance, more affordable minting/recording, access to premium NFTitle Network features, add-ons, and improved interoperability of NFT data tied to the NFTitle ecosystem.
Strategic Leadership Comments
“NFT-based web3 solutions have been at the forefront of innovation for years, and our decision to integrate $UBQT within the NFTitle Network creates the perfect synergy between token utility and our growing ecosystem,” said Nathan Wosnack, Founder & CEO of UBITQUITY, LLC.
“The testnet integration marks the beginning of a significant upgrade, and we look forward to completing the mainnet rollout on or before Halloween, further empowering creators and professionals across multiple sectors,” added Wosnack.
“Our team has been working diligently to ensure the smooth integration of $UBQT within the XPR Network’s robust infrastructure,” said MJ Phillips, CTO & Advisor of UBITQUITY, LLC. “The move aligns with our long-term goals for scalability and efficiency, and with mainnet activation on the horizon, we are excited to provide users with unprecedented capabilities that elevate the NFT and blockchain experience,” added Phillips.
A video clip of the testnet launch of $UBQT on NFTitle Network can be found here:
- https://nftitledao.org/videos/demo_UBQTT_NFTitle_Network.mov (.mov format)
- https://nftitledao.org/videos/demo_UBQTT_NFTitle_Network.mp4 (.mp4 format)
A New Era of Utility for $UBQT
Once the mainnet integration is complete, $UBQT token holders will gain access to exclusive NFTitle Network services, including governance participation through NFTitleDAO, premium features within its public-facing NFTp solution, and discounts on future minting activities. As a native utility token, $UBQT will also serve as the primary medium for cost-effective fees, staking, and rewards.
With the official mainnet integration just days away, UBITQUITY and NFTitleDAO invite partners, creators, and the broader XPR and other web3 communities to stay tuned for the latest updates on this groundbreaking launch.
About UBITQUITY, LLC
Ubitquity, the leading blockchain-secured platform for real estate and title recordkeeping, offers a streamlined user experience for securely recording and tracking property deeds, land records, and other Real World Assets (RWA) with the power of web3: ONE BLOCK AT A TIME®.
Ubitquity Contact:
Tom Bradshaw, Senior VP of Client Services
Email: info@ubitquity.io
Tel: +1 (724) BITCØIN [248–2046]
Website: Ubitquity.io
